Saudi Awwal Bank has secured the prestigious ‘Best Bank Award 2024 in Saudi Arabia’ from Global Finance for an impressive fifth consecutive year. The accolade is a nod to the bank’s commitment to innovative services and its dedication to elevating customer banking experiences.
A panel of esteemed financial specialists, taking into account factors such as growth in assets, profitability, customer service quality, strategic partnerships, innovation in products, and more, bestowed the recognition after a thorough evaluation.
Tony Cripps, the managing director and CEO of Saudi Awwal Bank, expressed his pride in receiving the honor, stating, Being honored with this prestigious award serves as a testament to our bank’s strategic vision and excellence across various departments and reinforces our commitment to supporting the Kingdom’s Vision 2030 in the Financial Sector Development Program. It highlights our position as a leading financial institution in contributing to economic development.
Cripps further emphasized the bank’s approach, adding, Through our deep understanding of market needs, we develop products and services to exceed our customers’ expectations, enabling us to provide distinctive and innovative banking solutions, contributing to achieving their desires and helping them reach their ambitious goals.
Throughout the current year, Saudi Awwal Bank has fortified its leading role in the banking sector with several notable accomplishments. It received the ‘Accreditation in Innovation’ from the Global Innovation Institute, marking the first time a bank in the Kingdom has been honored in this manner. Additionally, Euromoney magazine recognized the bank as the ‘Best Bank for Private Banking in the Kingdom’, underscoring the bank’s outstanding services and its adeptness in meeting customer needs with innovative and efficient solutions.